META to $455Overview
META is approaching a possible landslide that may take the share price to around $455. An influx of insider liquidation paired with healthy market skepticism supports the possible correction.
Fundamentals
Overall the company appears healthy according to their 2023 Annual Report. The only filings that I found concerning was the abundance of 144s that indicate insider liquidation. As of late, insider liquidation has been heavily present amongst most of the Magnificent Seven companies (GOOGL, AMZN, NVDA, and TSLA)
Technicals
A bear flag is forming after the rally momentum rounded out and is now beginning to develop a descending triangle. The oscillators don't support a breakdown at the current time so a possible bounce back to the triangle's resistance line around $505-510 is possible as the pattern continues to develop.
Metaverse
Meta Madness: Big Crash or Further Surge After the Mega Rise?Meta is a particularly intriguing stock that experienced a significant selloff at the end of 2021, with an overall pullback of 77%. Since then, however, we've witnessed an extraordinarily robust surge of 444%, which is remarkably strong. Yet, this rise came without any interim corrections, raising questions about when such a correction might occur. We've concluded our Wave I in September 2020 and have since formed an ABC correction, ending Wave II at $88.41. Following this, we've seen a rise to, and here's where it gets interesting, two possible scenarios: either an overshooting Wave (B)—note that this would mean Wave 1 isn't where it currently is, but rather at the Wave (B) level of $384. If Wave (B) precisely hits 138% at $496, which we've exactly reached without exceeding, this is where our concern lies. We'd like to see Meta invalidate this scenario by surpassing the $496 mark for a larger pullback to occur. Primarily, however, we're inclined to believe that we're heading into a Wave (2) correction, expected to lie between 50 and 78.6%, that is, between $288 and $174. Following this, the trajectory for Meta is anticipated to climb significantly, but this remains a scenario for the distant future.
memories of a bull market in Metaverse tokens .... #SAND has a inverted head & shoulders in the works
That has some nice targets
SEcond cycle
so it in most likelihood it falls short of the previous high as is customary for altcoins
but the previous cycle's action is enough to attract speculative capital into these type of coins
to ride a memory pump
there you go.
The J-Curve theory and the recent IMX performanceSince it's launch, the IMX token has experienced significant volatility, trading between $5-9 and now stands at roughly $0.80 with a historical low of around $0.30.
The trajectory of the IMX token indeed align with the principles of the J-Curve Theory. The initial period of high valuation post-launch, followed by a sharp depreciation, reflects the downward slope of the J-Curve. If we are assuming that the bottom of the curve was around $0.30 the subsequent recovery to the $0.80 region suggests the start of the upward slope.
For this reason, I'm willing to take the bet and started to DCA long-term spot position for IMX.
However, it's important to note that while the J-Curve Theory can provide useful framework for understanding these price dynamics, the cryptocurrency market's inherent volatility necessitates caution. I'll be closely monitoring the future trends of the IMX token to further verify the applicability of the J-Curve theory and inform potential investment desicions.
META Technical Analysis and Trade Idea#META has experienced a remarkable bullish surge. However, the 1D timeframe indicates potential weakness as we see the trend ranging sidweays creating lower highs. We are considering a possible retracement towards the 50-61.8% Fibonacci zone potentiall trading through the gap evidenced on the chart. This area typically attracts increased liquidity due to sell stops, potentially encouraging long positions from institutional traders.
Trading Considerations Meta Platforms:
Counter-Trend Short: Explore a short entry near the current price level, strategically placing a stop-loss above the recent highs. Maintain a 1:1 risk-reward ratio for this trade.
Fibonacci Buy: Target a potential buy opportunity close to the 61.8% Fibonacci retracement level. This aligns with the possible accumulation of long positions by larger market players. Utilize a stop-loss below the recent swing low, and define target levels as shown on the screenshot.
Disclaimer: This analysis offers my personal market interpretation for educational purposes and should not be considered direct financial advice. Always prioritize your own independent research and thorough risk assessment before making any trading decisions.
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Decentraland/tz1land - Will the Metaverse be Viable in 2024?A deep dive into a few metaverse projects, 2 years after the hype. Is the concept still alive? Is it a viable business model for Web3, going forward? What has changed since?
Metaverse-esque platforms like Roblox (which sports 200 MILLION users per month) has proven that there is demand for such a product. What do platforms like theirs have that Web3 is missing right now?
Meta - Buy The DipHello Traders, welcome to today's analysis of Meta Platforms.
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Explanation of my chart analysis:
During 2022 Meta Platforms declined massively and dropped more than -70% all the way down to the previous support at the psychological $100 level. From there we saw a pump of more than 250% after which we could now see a short term pullback followed by new all time highs.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
METO: $0.002 | Could be the next Gala for Tiktok Gendecently depressed and weeded out speculators
currently fresh capital from MidEast on board
for 2023 roadshow across the universe
Phase 1 Packaging for Unicorn Status
TitkTok Cap is $300bn
this influencer platform may just be the missing link to adoption
\https://metafluence.com/
META ( FACEBOOK) Rebound - Can the METAVERSE Follow?Facebook parent Meta’s first quarter profit and its count of daily users jumped past Wall Street’s expectations despite the company’s slowest revenue growth since going public a decade ago. Shares were up sharply in after-hours trading.
Meta cut a sharp contrast with Google parent Alphabet, which on Monday reported what analysts called disappointing earnings, with profit below Wall Street’s expectations. Google also reported a revenue growth slowdown, but for Meta this appeared to have been mitigated by an increase in daily active users that “was enough to send the shorts covering and the stock surging,”
so, good news from META, could the Real Metaverse be next?
One Love,
the FXPROFESSOR
🏝️🗺️ Sandbox Surge: Building Castles in the Crypto Sky 🚀 🏖️Sandbox has been playing in the sand for a while, staying quiet, but it's looking ready to sculpt a bullish masterpiece. 🎨 After a long, flat stretch where it seemed to be collecting seashells, we finally saw that breakout we've been beachcombing for. 🌊
The chart's telling tales of tides turning, with a breakout above 0.3783 hinting at bullish currents strong enough to carve new landscapes in the market. 🗺️ As for the next checkpoint in our sandbox adventure? I'm eyeing a sunny spot at 0.5932, where the sea meets the shore. ☀️
Just like building a sandcastle, this trade needs a blueprint. Keep your shovels ready and watch the tide—because if it swells, we could be riding the wave all the way to new heights. 🌅 And who knows? Maybe it's time for Sandbox to show the crypto world that playtime can be profitable. 🏖️
Remember, even in the sandbox, keep a playful eye on the bigger beach—that's where the real sandcastles are built. 🏰 Let's build our portfolios with the same joy a child brings to their sandy forts!
🏖️🚀🌊🎨🗺️☀️🏰News:
Let's delve into some recent headlines that are shaping its landscape:
🌐 This Metaverse Altcoin Announced Its New Fund - Sandbox is fueling innovation with fresh funding. Time to watch these digital grains of sand turn into gold? link: en.bitcoinsistemi.com
🛠️ The Metaverse's Future Shaped by Creators - Creativity is currency in the metaverse, and Sandbox is minting a new era where imagination is wealth. Link: www.cryptopolitan.com
🏍️ Valentino Rossi Races into the Metaverse: The Sandbox's Latest Power Move - The legend of the tracks brings his legacy into the sands of the metaverse, promising an exhilarating blend of speed and pixels. Link: en.cryptonomist.ch
💳 Mastercard Meets Metaverse: Spend NYSE:SAND with a Swipe! 💥
Big news in the dunes, folks! Mastercard's now letting you spend your NYSE:SAND tokens like you're shopping in the real world. 🌍💳 No more hoarding your digital treasure; it's time to swipe and let your NYSE:SAND flow. Link: www.coindesk.com
In the Sandbox, every grain could be a part of the next digital masterpiece. Let's keep our creative spirits high and our portfolios ready for the next wave of innovation. 🖌️🌅
Playful strategies and vigilant eyes - that's how we'll sculpt our success in the Sandbox. To prosperity and beyond! 🚀
🚀🎨🏰☀️🌊🌐🛠️🏍️🖌️🌅
One Love,
The FXPROFESSOR 💙
#TVK/BTC 1D (Binance) Falling wedge breakout & retestVirtua looks ready for a recovery after regaining 50MA support, targeting 200MA resistance.
⚡️⚡️ #TVK/BTC ⚡️⚡️
Exchanges: Binance
Signal Type: Regular (Long)
Amount: 7.5%
Current Price:
0.00000076
Entry Targets:
1) 0.00000075
Take-Profit Targets:
1) 0.00000105
Stop Targets:
1) 0.00000065
Published By: @Zblaba
TSX:TVK BINANCE:TVKBTC #Virtua #NFT #VrAr virtua.com
Risk/Reward= 1:3.0
Expected Profit= +40.0%
Possible Loss= -13.3%
Estimated Gaintime= 3-7 weeks
$ROSE: What is The Next Trend?
ROSE Coinmetrics
- 24h price change: +1.35%
- 7D price change: +30.07%
- Today volume: $1,553,788.25
- Market Cap: 343,319,926
- Short-term support level: 0.06628
- Short-term resistance level: 0.06977
In the past 1 minute, ROSE price signals Bullish +0.39%, with an upward breakout trend.
NASDAQ:ROSE has shown positive price changes in the last 24 hours and 7 days, indicating a potential upward trend. Additionally, it has recent bullish signals in the short term, suggesting a possibility of further price increase.